Sunday, October 10, 2010

Social Security Going Down While Everything Else Goes Up

WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ --" The combination of rising Medicare premiums and no annual cost-of-living adjustment (COLA) would reduce Social Security payments for about 23 million of the nation's seniors in 2011, according to The Senior Citizens League. This figure represents two-thirds of the 37 million seniors who receive Social Security benefits"

"Of course we don't count in the word 'inflation' any of the following:"

Corn: Almost doubled in three months

Oats: More than doubled in four months

Wheat: Close to double in four months

See the charts HERE.

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